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| LYTS > SEC Filings for LYTS > Form 8-K on 18-Mar-2009 | All Recent SEC Filings |
18-Mar-2009
Entry into a Material Definitive Agreement, Creation of a Direct Financial Obl
On March 18, 2009, the Registrant entered into an Amendment to Credit Agreement with PNC Bank, National Association and The Fifth Third Bank (the "Amendment") which renews the obligations of the parties to the Credit Agreement. Under the Amendment, a 364-Day facility in the amount of $10,000,000 is extended and certain fees and interest rates are adjusted on terms described in the exhibit identified below, filed herewith and incorporated by reference herein. The Amendment does not change any of the terms of the Registrant's $30,000,000 line of credit which remains in place for a two year term.
The information set forth in Item 1.01 above is incorporated by reference herein as if fully set forth herein.
(d) Exhibits.
10.1 Amendment to Credit Agreement dated March 18, 2009 among the Registrant, PNC Bank, National Association, in its capacity as syndication agent and administrative agent, PNC Bank, National Association, in its capacity as lender and The Fifth Third Bank.
10.2 Amended and Restated 364 Day Notes executed by Registrant in favor of PNC Bank, National Association and Fifth Third Bank dated March 18, 2009.
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